Town & Country Ultra Wash, Midland, Tx

Midland, TX (Midland County)

Town & Country Ultra Wash, Midland, Tx
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Asking Price: Get Financing: $1,500,000

Cash Flow: $110,079

Gross Revenue: $655,769

EBITDA: $236,656

FF&E: $83,727

Inventory: N/A

Real Estate: $815,000

Established: 2009

Town & Country Ultra Wash, Midland, Tx

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Business Description

Card Operated full service Laundromat

Free standing 4700 sq ft. laundry, sitting on 42,104 sq. ft of paved land.
52 Dexter front loading washers in 3 sizes - 20, 30, and 40 pound.
48 Dexter Dryers with .65 for 15 minutes.
Drop off service with turn around within hours. Drop off box outside for customers who work
irregular hours.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,700
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Town & Country Ultra Wash is well lit and clean. Security, both indoors and parking lot monitored by cameras. 4 Televisions, free wifi, benches and tables for lunch as well as well cleaned folding tables, staff monitored and cleaned restrooms, vending and soda machines
Competition:
We are the largest and cleanest laundry in the Midland Odessa area. Although not a cheap laundry, customers prefer the service and cleanliness of Town & Country Ultra Wash.
Growth & Expansion:
The building was built with expansion in mind. We have a van that could pick up laundry from our many hotels. The building can easily be expanded to serve more pick up laundry.
Support & Training:
Everything in this laundry is computerized and manufactured by Dexter. As long as we maintain the equipment, Dexter support will handle any problem - no matter who buys the laundry. Dexter has web sites that help solve problems as well as videos on how to install, run or repair their equipment.
Reason for Selling:
The creator and owner of Town & Country Ultra Wash passed away in May of 2018.
Business Website:
http://tcultrawash.findalaundry.org
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Business Listed By:
ANNE CARTER

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